DANRØG A/S — Credit Rating and Financial Key Figures

CVR number: 89564913
Greve Strandvej 115, 2670 Greve
helge@taul.com
tel: 43691851

Credit rating

Company information

Official name
DANRØG A/S
Established
1979
Company form
Limited company
Industry

About DANRØG A/S

DANRØG A/S (CVR number: 89564913) is a company from GREVE. The company recorded a gross profit of 163 kDKK in 2023. The operating profit was 150 kDKK, while net earnings were 107.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 74.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DANRØG A/S's liquidity measured by quick ratio was 1.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit111.41187.15223.43160.98162.98
EBIT98.72173.02210.50148.05150.05
Net earnings59.40332.93172.9475.33107.36
Shareholders equity total2 599.582 932.513 055.453 080.783 138.14
Balance sheet total (assets)4 792.454 621.694 599.684 253.834 198.71
Net debt289.48389.12335.15613.02602.75
Profitability
EBIT-%
ROA2.1 %9.4 %5.9 %5.8 %4.3 %
ROE2.3 %12.0 %5.8 %2.5 %3.5 %
ROI2.7 %11.4 %6.7 %6.3 %4.5 %
Economic value added (EVA)-51.69-12.05-1.80-55.63-69.71
Solvency
Equity ratio54.2 %63.5 %66.4 %72.7 %74.7 %
Gearing44.4 %37.6 %34.1 %31.2 %29.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.21.31.51.9
Current ratio0.81.21.31.41.9
Cash and cash equivalents864.31714.77705.69348.02310.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.29%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.7%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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